Ai Chip Maker Kneron Raises $25M For Autonomous Driving Push
12/20/21, 6:00 PM
Location
san diegoMoney raised
$25 million
AI chips, which are semiconductors designed to accelerate machine learning, have many applications. One of the promising use cases, according to Albert Liu, is using AI chips in autonomous driving vehicles.
Company Info
Location
san diego, california, united states
Additional Info
The San Diego- and Taipei-based company has assembled a list of renowned investors, including Hong Kong tycoon Li Ka-Shing’s Horizon Ventures, Alibaba, Qualcomm, Sequoia and Foxconn, the world’s largest electronics manufacturer and Apple’s supplier. The company has been forming deep alliances with industry partners. Through the strategic investment, Kneron and Lite-On will jointly develop roadside AI boxes that will be powered by Kneron’s edge AI chips.